Shares in Catena Media gained more than 6 per cent in Stockholm Wednesday morning after the betting and gaming affiliate reported strong preliminary results for the third quarter of 2021.
Ahead of publication of its interim report next month, Catena Media said that the Q3 period had seen strong growth in [...]
Stockholm-listed iGaming affiliate Better Collective has positioned itself for the opening of the regulated Dutch iGaming market with the acquisition of leading affiliate sites Soccernews.nl and Voetbalwedden.net.
Better Collective will pay a total upfront payment of €5.9m to acquire the businesses, with maximum deferred and earnout payments of €3.75m.
The acquisitions give [...]
Stockholm-listed Raketech has completed the acquisition of US-facing sports betting affiliate QM Media and its subsidiary P&P Vegas Group.
Following an initial agreement in July, QM Media assets including Onlinecricketbetting.net and Picksandparlays.net are now operating as an integrated part of Raketech.
Raketech said that it has identified several growth and development opportunities [...]
Stockholm-listed lead generation specialist Catena Media has strengthened its North American operations with the acquisition of i15 Media for a total consideration of $45m.
Catena Media will pay $12.5m in cash on closing of the transaction, with a further $20m to be paid in three instalments: $5m in cash or shares [...]
Affiliate marketing specialist Gambling.com Group has reported a 66 per cent increase in second quarter revenue to $10.4m in its maiden financial results as a publicly listed company.
The Q2 revenue growth was driven by improved monetization of new depositing customers (NDCs) due to a combination of technology improvements and changes [...]
Stockholm-listed iGaming affiliate Catena Media has reported a 9 per cent increase in revenue to €30.4m in the second quarter of 2021, buoyed by strong growth in North America.
Excluding the now-regulated German iGaming market, revenue would have been up 17 per cent year-on-year, driven by a 34 per cent increase [...]
Stockholm-listed sports betting affiliate Better Collective has reported strong growth for the second quarter of 2021 as group revenue soared by 162 per cent to a record €40.0m.
The strong year-on-year revenue growth was a result of weak comparisons last year due to the halt in sports during the Covid lockdown, [...]
The Australian Communications and Media Authority (ACMA) has launched a campaign against online gaming affiliates promoting illegal online casino sites to Australian consumers.
The crackdown on unlicensed online gambling will see Australian internet service providers block access to affiliate websites that have been identified by ACMA as providing direct links to [...]
Newly listed affiliate marketing specialist Gambling.com Group has appointed MGM Resorts’ former finance chief Dan D'Arrigo to its board of directors.
D’Arrigo served as executive vice president and chief financial officer of MGM Resorts International from 2007 to 2019, working within the team that created the BetMGM joint venture between MGM [...]
Stockholm-listed iGaming affiliate Raketech has agreed to acquire Spanish affiliate marketing company Infinileads for an initial €4.5m.
Raketech will pay the purchase price on a cash and debt free basis in two instalments, €2.5m on closing at the end of July and €2m in January 2022, with an additional earn-out of [...]
London-listed Flutter Entertainment has agreed to sell Oddschecker Global Media (OGM) in a deal which values the sports betting and gaming affiliate business at up to £155m.
Flutter will sell the affiliate business to New York-based venture capital and private equity firm Bruin Capital, receiving £135m in cash upon completion, with [...]
Affiliate marketing specialist Gambling.com Group has revealed plans to become a publicly listed company in New York.
Gambling.com has filed a registration statement with the US Securities and Exchange Commission relating to the proposed initial public offering on the Nasdaq Stock Market under the symbol GAMB.
Founded in 2006 as TGG International [...]